Roberto Jacobs / Blog
USD/JPY Keeps 109.00 on US CPI USD/JPY manages well to keep the trade above the 109.00 handle today following the softer-than-expected US inflation figures during March...
EUR/NZD Analysis for April 14, 2016 Recently, EUR/NZD has been moving downwards. As I had expected, the price tested the level of 1.6278 in a high volume. EUR/NZD reached our third take profit level around the price of 1.6270...
AUD: Employment Data Consistent with Macros – Deutsche Bank Research Team at Deutsche Bank, notes that the Australia’s employment rose 26.1k in March after a soft end to 2015 and start to 2016. Key Quotes “That prior softness sees trend jobs growth (as estimated by the ABS) at 7...
USD/JPY Keeps its Bearish Stance – UOB USD/JPY’s perspective remains on the bearish side, according to the research team at UOB Group. Key Quotes “The anticipated USD strength exceeded our expectation by easily taking out the strong 109.15/20 resistance...
US: Downward Momentum Easing - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the US dollar has rebounded modestly in the Asian trading session bringing at least a temporary pause to the period of uninterrupted selling pressure which followed Fed Chair Yellen’s dovish speech at the end of...
EUR/USD Outlook Constructive Near Term – Westpac Richard Franulovich, Strategist at Westpac, has reiterated the constructive outlook for EUR/USD into next week’s ECB meeting...
Canada: A walk Back to Neutral - ING James Knightley, Senior Economist at ING, suggests that a more upbeat prognosis from the Bank of Canada suggests a long period of policy stability lies ahead...
China: Trade Balance Below Expectations – Deutsche Bank Research Team at Deutsche Bank, suggests that the China’s trade balance printed a little below expectations in March with a surplus of $US29.86bn versus consensus expectations of a $US34.95bn outturn...
BoC Ctrikes Cautious Tone, Dampening Loonie Upside - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the Canadian dollar has weakened modestly following yesterday’s more dovish than expected BoC policy meeting and release of their latest Monetary Policy Report...
NZD/USD: Supply Capping Minor-Recovery Near 0.6880 The NZD/USD pair faced strong selling pressure ahead of 5-DMA, and the prices stalled its recovery as the US dollar continues to trade higher across the board. NZD/USD recovers 50-pips from daily lows Currently, the NZD/USD pair slumps 0.77% to 0...